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Ford Sets Up Electrification Team

Ford has begun coordinating the development of its electrified vehicle initiative by setting up an internal team known as "Team Edison" as it begins rolling out 13 electrified vehicles in the next five years, according to a company spokesperson.

The team will focus on battery-electric vehicles and will be able to help the company move more quickly, according to the company.

Ford is investing $4.5 billion and will introduce the 13 electrified vehicles in various global markets. In the U.S., Ford will offer two hybrid police vehicles, including the Police Responder Hybrid Sedan; the F-150 Hybrid pickup; the Mustang Hybrid; and a fully electric small SUV. Ford will also offer the Transit Custom plug-in hybrid in Europe.

Team Edison will include a new dedicated central team responsible for global profit and loss, strategy, planning, product development, marketing and advanced manufacturing. The team will orchestrate work with existing electrification teams in the regional business units and with engineering teams already working on Ford electrified vehicles, according to the company.